Disciplines
Business | Education
Mentor
Professor Bradley Sturgill
Abstract
The goal of this paper is to identify a correlation between the growth of University’s student populations, specifically those located in densely populated areas, and the impact such growth has on the housing market of the area. Universities are ranked based upon a plethora of variables but are limited to those within the University’s control. Looking outside of those concrete variables, this paper aims to establish other viable variables that could be used to determine a University’s impact on the surrounding community. University’s offer many positive externalities to a city, but to what extent do those externalities spread throughout the city and its inhabitants? Many of the variables that are associated with externalities, whether positive or negative, are qualitative (happiness, opinion, etc.) Focusing on housing prices and the relative growth of the local housing market, I am able to establish a quantitative variable that may accurately illustrate a University’s growth and its impact on the surrounding community.
ScholarWorks Citation
VandenAvond, Tyler, "University’s Impact on Housing Prices: Correlating the Growth of University’s Student Populations and the Relative Changes in Housing Prices" (2015). Honors Projects. 475.
https://scholarworks.gvsu.edu/honorsprojects/475
